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UPDATE: Phibro Animal Health (PAHC) Tops Q4 EPS by 2c; Guides FY17 EPS Below Views

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Phibro Animal Health Corporation Reports Fourth Quarter and Fiscal Year

August 29, 2016 4:40 PM EDT

TEANECK, N.J., Aug. 29, 2016 (GLOBE NEWSWIRE) -- Phibro Animal Health Corporation (NASDAQ: PAHC) today announced its financial results for its fourth quarter and fiscal year ended June 30, 2016. It also provided guidance for its fiscal year ending June 30, 2017.

Highlights for the June 2016 quarter (compared to the June 2015 quarter) Net sales of $189 million, an increase of 2%Net income of $15 million, an increase of 46%Diluted EPS of $0.38, an increase of 46%Adjusted EBITDA of $28 million, an increase of 4%Adjusted diluted EPS of $0.40, a decrease of... More